Overview
Other Products

Kyodo Printing Co.,Ltd.

Kyodo Printing (TOMOWEL) is a diversified printing and information services group operating across three segments: Information Communication (magazines, books, textbooks, calendars, digital publishing), Information Security (business forms, cards, BPO, payment solutions), and Living & Industrial Materials (paper containers, flexible packaging, tubes, electronic components, high-performance materials). The company serves publishers, financial institutions, and industrial clients, leveraging its integrated manufacturing and digital capabilities to provide end-to-end solutions from content production to secure data processing and packaging. With approximately ¥100 billion in annual revenue, the group combines traditional printing expertise with growing digital transformation services including electronic document delivery and prepaid card solutions.

Market Cap
¥47.2B
US$301M
EV
¥23.4B
US$149M
Stock¥1,707▼-0.23%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
2.9
x
LTM EV/EBIT
10.9
x
LTM PER
11.9
x
LTM PBR
0.7
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-9.6%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
47.2BUS$301MMarket Cap9.83BUS$62.7M+ Debt9.59BUS$61.2M− Cash24.1BUS$154M− Inv. Sec.0.03BUS$0.18M+ NCI23.4BUS$149MEV
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Performance & Balance
Revenue 5Y (¥B)
88.4US$564M'22/393.4US$595M'23/397.0US$619M'24/3100.0US$638M'25/398.2US$626M'26/3
EBITDA 5Y (¥B)
6.22US$39.7M'22/36.51US$41.5M'23/37.19US$45.9M'24/38.24US$52.6M'25/37.93US$50.6M'26/3
Net Income 5Y (¥B)
0.68US$4.36M'22/31.25US$7.99M'23/31.50US$9.53M'24/33.31US$21.1M'25/33.96US$25.3M'26/3
Capital Structure
88%
EquityD/E 0.14xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
26.4US$168M28.3US$180M'22/323.4US$149M13.0US$82.9M'23/331.6US$201M15.5US$98.9M'24/329.8US$190M13.0US$83.0M'25/330.1US$192M10.9US$69.2M'26/3
Shareholders
Top 10 hold 37.9%
1
The Master Trust Bank of Japan, Ltd. (Trust Account)
8.50%
2
TOKYO PRINTING INK MFG.CO.,LTD.
7.16%
3
Custody Bank of Japan, Ltd. (Trust Account E)
3.26%
4
INTERACTIVE BROKERS LLC (Standing Proxy: Interactive Brokers Securities Japan Inc.)
3.12%
5
artience Co.,Ltd.
3.04%
6
Master Trust Bank of Japan, Ltd. (Retirement Benefit Trust Account – DIC Corporation Account)
2.80%
7
Asahi Mutual Life Insurance Company
2.80%
8
Mizuho Bank, Ltd.
2.65%
9
Kyodo Printing Co.,Ltd. Employee Stock Ownership Association
2.29%
10
Custody Bank of Japan, Ltd. (Trust Account)
2.23%
Management
11 officers
Yasuaki FUJIMORI
Chairman and Director
Apr 1976 Joined the Company Apr 1998 General Manager, Legal Department Apr 2003 General Manager, Development Technology Division, Technology Division, concurrently General Manager, Legal Department Apr 2004 General Manager, Technology Division Jun 2004 Director, General Manager, Technology Division Jun 2006 Managing Director Jun 2010 Senior Managing Director Apr 2011 Senior Managing Director, concurrently General Manager, Accounting Department May 2011 Senior Managing Director Jun 2013 Representative Director, President Apr 2025 Representative Director, Chairman Apr 2026 Chairman and Director (current)
1949-05-20
Teruomi OHASHI
Representative Director, President
Apr 1987 Joined the Company Apr 2011 General Manager, Business Planning Department, Business Media Division Apr 2016 General Manager, General Planning Department, Corporate Planning Division Apr 2018 Executive Officer, Deputy General Manager, Business Media Division Nov 2018 Representative Director, TOMOWEL Payment Service Co., Ltd. Apr 2019 Executive Officer, General Manager, Business Media Division Apr 2020 Managing Executive Officer, General Manager, Business Media Division Apr 2021 Senior Managing Executive Officer, General Manager, Information Security Business Division Jun 2023 Director, Senior Managing Executive Officer, General Manager, Information Security Business Division Apr 2024 Director, Executive Vice President, Executive Officer, in charge of Business Operations Apr 2025 Representative Director, President (current)
1963-12-02
Hidenori WATANABE
Director, Executive Vice President, Executive Officer
Apr 1982 Joined Dai-Ichi Kangyo Bank (now Mizuho Bank, Ltd.) Mar 2006 General Manager, Americas Funding Office, ALM Department, Mizuho Corporate Bank, Ltd. Apr 2009 General Manager, Global Credit Investment Department, Mizuho Corporate Bank, Ltd. Apr 2011 Joined the Company May 2011 General Manager, Accounting Department Jun 2011 Director, General Manager, Accounting Department Oct 2012 Director, General Manager, Accounting Department and Legal Department Apr 2013 Director, General Manager, Accounting Department Jun 2014 Director, General Manager, Management Administration Division Jun 2016 Director Apr 2020 Director, Managing Executive Officer, General Manager, Corporate Planning Division Apr 2022 Director, Senior Managing Executive Officer, General Manager, Group Corporate Division Apr 2024 Director, Senior Managing Executive Officer, General Manager, Group Corporate Division and Corporate Planning Division Apr 2026 Director, Executive Vice President, Executive Officer, General Manager, Group Corporate Division Apr 2026 Director, Executive Vice President, Executive Officer (current)
1959-09-03
Koji TAKAHASHI
Director, Senior Managing Executive Officer
Apr 1985 Joined the Company Apr 2006 Head of Goka Plant, Printing and Processing Division, Head Office Manufacturing Division May 2009 Representative Director, Kyodo Printing Bookbinding Co., Ltd. Apr 2011 General Manager, Manufacturing Division, Publishing and Commercial Printing Manufacturing Division Apr 2013 General Manager, Facilities and Environment Department Apr 2016 General Manager, Production Division Jun 2016 Executive Officer, General Manager, Production Division Apr 2019 Managing Executive Officer, General Manager, Production Division Apr 2021 Senior Managing Executive Officer, General Manager, Production Division Jun 2021 Director, Managing Executive Officer, General Manager, Production Division Apr 2023 Director, Managing Executive Officer Apr 2026 Director, Senior Managing Executive Officer (current)
1962-08-07
Mika TAKAOKA
Director
Apr 2001 Associate Professor, Institute of Economic Research, Osaka City University (now Osaka Metropolitan University) Apr 2002 Associate Professor, Faculty of Economics, Rikkyo University Apr 2006 Associate Professor, Faculty of Business, Rikkyo University Apr 2007 Associate Professor, Faculty of Business, Rikkyo University Apr 2009 Outside Audit & Supervisory Board Member, FamilyMart Co., Ltd. Apr 2011 Outside Director, TSI Holdings Co., Ltd. May 2014 Outside Director, Mos Food Services, Inc. May 2014 Professor, Faculty of Business, Rikkyo University (current) Jun 2014 Outside Director, Sg Holdings Co., Ltd. (current) Jun 2015 Outside Director, UNY/FamilyMart Holdings Co., Ltd. (now FamilyMart Co., Ltd.) Jun 2018 Outside Director, the Company (current) May 2019 Outside Director, FANCL Corporation Jun 2023 Outside Director, Nippn Corporation (current) Jun 2024 Outside Director, the Company (current)
1968-06-19
Yosuke MITSUSADA
Director
Apr 1986 Joined Nippon Credit Bank, Ltd. (now Aozora Bank, Ltd.) Oct 1999 Joined Unison Capital Partners Co., Ltd. May 2002 Audit & Supervisory Board Member, Tohato Co., Ltd. Jul 2002 Director, Borsa Co., Ltd. (current) May 2004 Audit & Supervisory Board Member, Drug Eleven Co., Ltd. Jun 2004 Audit & Supervisory Board Member, Orient Shinpan Co., Ltd. Jun 2004 Audit & Supervisory Board Member, Mineart Holdings Co., Ltd. Mar 2005 Joined Aska Asset Management Limited (now Aizawa Asset Management Co., Ltd.) Apr 2007 Associate Professor, Faculty of Business Administration, Sangyo Noritsu University Apr 2012 Professor, Faculty of Business Administration, Sangyo Noritsu University (current) Jul 2013 Joined Aska Asset Management Co., Ltd. (now Aizawa Asset Management Co., Ltd.) Aug 2013 Director, Founding Partner, Aska Corporate Advisory Co., Ltd. (current) Nov 2016 Outside Director, Yume-no-Machi Souzou Iinkai Co., Ltd. (now Demae-can Co., Ltd.) Jun 2019 Outside Director, Phiz Co., Ltd. (now Phiz Holdings Co., Ltd.) Jun 2021 Outside Director, the Company Nov 2023 Outside Director, the Company (current) Outside Director, Manny Co., Ltd. (current)
1963-12-24
Chieko OUCHI
Director
Apr 1983 Joined Dentsu Inc. Apr 2003 General Manager, Medical Solutions Department, Account Planning & Solutions Bureau Jan 2010 Deputy General Manager / Senior Planning Director, Communication Design Center Jan 2016 General Manager, 3rd CR Planning Bureau Jan 2018 Executive Officer Jan 2022 Executive Advisor Oct 2022 Outside Director, Decarbonization Support Organization Co., Ltd. Aug 2023 Outside Director, NASH Co., Ltd. (current) Jun 2024 Outside Director, Daito Trust Construction Co., Ltd. Jun 2025 Outside Director, the Company (current) Jun 2025 Outside Director (Audit and Supervisory Committee Member), Daito Trust Construction Co., Ltd. (current) Jun 2026 Outside Director (Audit and Supervisory Committee Member), Koikeya, Inc. (current)
1962-10-09
Hideo AKIMOTO
Full-time Audit & Supervisory Board Member
Apr 1985 Joined the Company Feb 2007 Director, General Manager, Accounting Department, Cosmographic Co., Ltd. Oct 2008 General Manager, Business Management Department, Management Administration Division Apr 2016 General Manager, Human Resources Department Jun 2016 Executive Officer, General Manager, Human Resources Department Apr 2019 Managing Executive Officer, General Manager, Human Resources Department Apr 2022 Full-time Advisor Jun 2022 Full-time Audit & Supervisory Board Member (current)
1960-11-03
Masahiko FURUYA
Audit & Supervisory Board Member
Apr 1980 Joined Dai-Ichi Kangyo Bank (now Mizuho Bank, Ltd.) Jun 1998 Completed Master of Business Administration, Massachusetts Institute of Technology Apr 2003 General Manager, Asia Business Administration Department, Mizuho Corporate Bank, Ltd. Mar 2006 General Manager, Corporate Finance Department, Mizuho Bank, Ltd. Apr 2007 Executive Officer, General Manager, Corporate Finance Department, Mizuho Bank, Ltd. Apr 2009 Managing Executive Officer, Mizuho Bank, Ltd. Apr 2011 Managing Director, Mizuho Bank, Ltd. Apr 2012 Senior Managing Executive Officer, Japan Branch, American Family Life Assurance Company of Columbus (now Aflac Life Insurance Japan Ltd.) Jul 2013 Vice President, the same company Jun 2015 Senior Vice President and Executive Officer, Data Keeping Service Co., Ltd. Jan 2016 Representative Director, President, the same company Jun 2019 Outside Audit & Supervisory Board Member, the Company (current) Jun 2022 Advisor, Data Keeping Service Co., Ltd. Jul 2022 Advisor, Seiwa Sogo Tatemono Co., Ltd. (current)
1957-09-24
Yumiko NIJIMA
Audit & Supervisory Board Member
Dec 2009 Registered as Attorney-at-law Jan 2010 Joined Yamada Law & Patent Office (now Toranomon Law and Economics Office Yamada Group) (current) Apr 2018 Outside Director (Audit and Supervisory Committee Member), Tancho Co., Ltd. Jun 2021 Outside Director (Audit and Supervisory Committee Member), Nomura Micro Science Co., Ltd. (current) Sep 2021 Registered as Certified Fraud Examiner Jun 2023 Outside Audit & Supervisory Board Member, the Company (current)
1981-02-12
Taeko ARAI
Full-time Advisor
Apr 1988 Joined the Company Apr 2018 General Manager, Legal Department May 2020 Audit & Supervisory Board Member, Kyodo Printing Business Solutions Co., Ltd. Apr 2024 Executive Officer, General Manager, Legal Department Apr 2026 Full-time Advisor (current)
Large Shareholding Reports
Mizuho Trust & Banking Co., Ltd.
2026-06-22
3.14%→3.08%
Mizuho Trust & Banking Co., Ltd.
2025-12-22
3.11%→3.14%
Tokyo Ink Co., Ltd.
2025-12-04
6.11%→6.97%
Annual report (as of 2026-03-31): 7.16%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-07
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-22
Large Shareholding Report
EDINET
2026-06-19
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-05-26
株主総会招集通知
TDnet
2026-02-06
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-12-22
Large Shareholding Report
EDINET
2025-12-04
Large Shareholding Report
EDINET
2025-11-13
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-08-07
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-20
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnetAmended
2025-02-18
Q3 Earnings Flash
FY ending Mar 2025
TDnet
2025-02-07
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-13
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-07
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-27
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-14
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-13
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-29
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-10
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-11
Quarterly Securities Report
EDINET
2022-08-10
Quarterly Securities Report
EDINET
2022-06-29
Annual Securities Report
EDINET
2022-02-07
Quarterly Securities Report
EDINET
2021-11-08
Quarterly Securities Report
EDINET
2021-08-13
Quarterly Securities Report
EDINET
2021-06-29
Annual Securities Report
EDINET
2021-02-10
Quarterly Securities Report
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